U.S. markets climb Tuesday

May 26, 2009

U.S. markets gained ground Tuesday morning, as consumer confidence overcame news that U.S. home prices were continuing to fall.

The S&P Case-Schiller home-price indexes showed home prices falling in 17 of 20 U.S. cities. But the Conference Board said said the Present Situation Index rose from 25.5 to 28.9 in May, while the Expectations Index soared from 51 to 72.3.